St. Paul daily globe. [volume] (Saint Paul, Minn.) 1884-1896, 1887-10-04
A RTIcLEs OF 1NcoRpoRATIoN OF ST.

A RTICLES OF INCORPORATION OF ST.
"A Peter Street Improvement Company
Know all men by these presents, That we,
the undersigned, do hereby associate, under
and according. to the provisions of title 2 of
state of Minnesota, for the purpose of form
ing a corporation as hereinafter stated, and
to that end do hereby adopt the following
articles of incorporation:
Article 1.-The name of said corporation
shall be ''St. Peter Street Improvement Com
pany." The general nature of it's business
shall be the buying, owning, improving, sell
ing and dealing in lands, tenements and
hereditaments, real, mixed and personal es-
tate and property: the principal place Of
transacting said business shall be the city of
st. Paul, in the county Of Ramsey, and state
of Minnesota.
Art. 1.-THE time of commencement of
said corporation shall be Oct. TO- 1887. The
period of its continuance shall be thirty
years.
Art nI.-The amount of capital stock of
said corporation shall be 500, 600; the same
shall be paid in cash or IN lands at such
times and from time to time and in such
manner as the bylaws shall prescribe, pro-
vided that 70 per cent. of said stock may be
called by the directors on or prior to the LIST
day of August, 1888, or in monthly install
ments of 10 per cent. of the amount of each
subscription, beginning March L, 1888; pro
vided further, that not more than 20 per
cent. of each subscription shall be called in
prior to said LIST day of August, 1888.
Art. IV.-The highest amount Of indebted
ness or liability to which said corporation
shall at any time be subject shall be $780,
600.
Art. V.-The names and places of residence
Of the persons forming said association for
Incorporation are as follows: J. Royal Nc
Murran, Henry Hutchinson, John F. Fulton,
r. j. Hodgson, A. G. Postlethwaite. Daniel
II, McEwen and Henry L. Wedelstaedt, and
they all reside in the city of st. Paul afore-
said
Art. VI.-The names of the first board of
directors of said corporation are as follows:
j. Royal McMurran, Henry Hutchinson, John
F. Fulton, Z. j. Hodgson, A.G. Postlethwaite,
Daniel III. McEwen and Henry f. Wedel-
staedt. The government of said corporation
and the management of its affairs shall be
vested in board of seven directors which
shall be composed until the first annual meet
ing of the persons last above mentioned; and
at said annual meeting, which shall be held on
the second Tuesday of May in each year here
after. such board of directors shall be elect
ed. The officers of said corporation shall be
Il president vice president. a secretary and a
treasurer. all of wnom, except the secretary,
shall be stockholders. Until the first annual
meeting j. Royal McMurran shall be preSi-
dent, John F. Fulton shall be vice president
and A. G. Postlethwalte shall be treasurer of
said corporation.
Art. VII.-The number of sharesin the cap
ital stock of said corporation shall be 1000,
and the amount of each share shall be 500.
In testimony whereof we have hereunto set
our hands and seals this 24th day of Septem-
Der, A. D. 1887.
j. ROYAL McMURRAN, [Seal.1
HENRY HUTCHINSON, fSealI
JOHN F. FULTON, Seal
Z. j. HODGSON, Seal
A. G. POSTLETHWAITE fSeal1
DANIEL II. MCEWEN, Seal.1
HENRY E. WEDELSTAEDT, (Seal.1
In presence of
w. T. MCMURRAN
SAM'L MCMURRAN.